Print page

Handbook on the Economics of Natural Resources

Edited by Robert Halvorsen, Professor of Economics and David F. Layton, Professor of Public Affairs, University of Washington, Seattle, US
The topics discussed in the Handbook on the Economics of Natural Resources are essential for those looking to understand how best to use and conserve the resources that form the foundation for human well-being. These include nonrenewable resources, modeling of biological resources, conservation of biological resources and water resources. The expert contributors of this Handbook provide solutions to many of the problems that growing populations now face, and sketch the likely future developments in the field of natural resource economics whilst paving the way for new thinking.
Extent: 560 pp
Hardback Price: $280.00 Web: $252.00
Publication Date: 2015
ISBN: 978 0 85793 755 1
Availability: In Stock
Paperback Price: $69.95 Web: $55.96
Publication Date: 2016
ISBN: 978 1 78471 520 5
Availability: In Stock
$0.00

Buy the E-book

Join our mailing list

  • Economics and Finance
  • Environmental Economics
  • Environment
  • Environmental Economics
The topics discussed in the Handbook on the Economics of Natural Resources are essential for those looking to understand how best to use and conserve the resources that form the foundation for human well-being. The expert contributors to this Handbook provide insightful solutions to many of the problems that growing populations now face.

Organized into four fundamental parts, this book sketches the likely developments in the field of natural resource economics and paves the way for new thinking in the areas of:

- nonrenewable resources
- modeling of biological resources
- conservation of biological resources
- water resources.

A key source of the most important research in the field, this important book will be of interest to graduate students, instructors and scholars in natural resource economics.
‘This book is essential reading for anyone who wishes to know how the field of Natural Resource Economics – broadly defined – has progressed over the past 20 years, and where it is headed in the future. It is an excellent collection of papers on the subject.’
– Maureen Cropper, University of Maryland and Resources for the Future

‘With contributions by leading scholars in the field, this book surveys key concepts, methodologies and results from the important field of natural resource economics. The chapters are rigorous and sophisticated, but at the same time accessible to anyone with some graduate-level training in economics. They include both theoretical presentations and real-world discussions that tie the theory to critical resource challenges facing the world today. I highly recommend this either as a textbook for a graduate class in natural resource economics or as a key resource for anyone wanting an overview of state-of-the-art scholarship in this field.’
– Kathleen Segerson, University of Connecticut, US
Contributors: H.J. Albers, G.S. Amacher, R.M. Auty, E.B. Barbier, O. Bayasgalan, A. Bhaduri, R. Boadway, E.C. Edwards, E.P. Fenichel, G. Gaudet, S. Gopalakrishnan, R.Q. Grafton, R. Griffin, R. Halvorsen, J.M. Hartwick, M. Herrmann, D. Holland, M. Keen, Y. Kuwayama, P. Lasserre, R. Laxminarayan, D.F. Layton, G.D.Libecap, J. Livernois, S.C. Newbold, S. Olmstead, E.J.Z. Robinson, S.W. Salant, J. Siikamäki, H. Thille, S. Wheeler


Contents:

PART I NONRENEWABLE RESOURCES
1. Basic Economics of Nonrenewable Resource Use
John M. Hartwick

2. The Hotelling Model with Multiple Demands
Gérard Gaudet and Stephen W. Salant

3. Empirical Evidence on the Theory of Nonrenewable Resource Economics
John Livernois and Henry Thille

4. The Taxation of Nonrenewable Natural Resources
Gérard Gaudet and Pierre Lasserre

5. Rent Taxes and Royalties in Designing Fiscal Regimes for Nonrenewable Resources
Robin Boadway and Michael Keen

6. The Political Basis of the Resource Curse
Richard M. Auty

PART II MODELING OF BIOLOGICAL RESOURCES
7. Bioeconomics: Nature as Capital
Eli P. Fenichel, Sathya Gopalakrishnan and Onon Bayasgalan

8. The Forest Harvesting Problem: Have We Reached the Limit of Our Understanding?
Gregory S. Amacher

9. Biological Resistance
Ramanan Laxminarayan and Markus Herrmann

PART III CONSERVATION OF BIOLOGICAL RESOURCES
10. Structuring Rights and Privileges in Catch Share Systems
Daniel Holland

11. Spatial Economics of Forest Conservation
Heidi J. Albers and Elizabeth J.Z. Robinson

12. Ecosystem Services
Edward B. Barbier

13. Conservation Prioritization Using Reserve Site Selection Methods
Stephen C. Newbold and Juha Siikamaki

PART IV WATER RESOURCES
14. Water Economics
R. Quentin Grafton and Sarah Wheeler

15. Water Rate Policy: Prescription and Practice
Ronald Griffin

16. Water Institutions and the Law of One Price
Eric C. Edwards and Gary D. Libecap

17. Water Quality and Economics: Willingness to Pay, Efficiency, Cost-effectiveness, and New Research Frontiers
Yusuke Kuwayama and Sheila Olmstead

18. Transboundary Water Issues
Edward B. Barbier and Anik Bhaduri

Index